GERMANY: Daimler and alliance advance partnership

The chief executives of the Renault-Nissan Alliance and Daimler said their companies' partnership is advancing quickly, and the scope of the collaboration is increasingly global.

The French-Japanese-German partnership began in April 2010, with three "pillar projects" focused primarily on Europe. Since then, the portfolio has increased to 10 significant projects, including major initiatives from North America to Japan. In addition, relevant business units are working together in best-practice sharing and other forms of cooperation.

"While our initial collaboration focused strongly on European projects, we are now focusing on synergies in all key markets", Renault-Nissan chairman and CEO Carlos Ghosn said at a media briefing on the partnership. "The largest economies of scale are always global."

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